Egypt beckons Chinese firms
By Ding Qingfen | China Daily | Updated: 2010-03-03 07:39
BEIJING - Egypt is stepping up efforts to encourage more Chinese companies to invest in the Middle East nation, in a bid to narrow its trade deficit with China, said Egyptian Minister of Investment Mahmoud Mohieldin.
"We will have solid and strong investment from China," Mohieldin told China Daily.
"We hope in 2010 the number of Chinese companies that invest in Egypt will grow by over 10 to 15 percent."
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